Bitwise Projects $1.6 Million Bitcoin by 2036. Does Gold Hold the Key?
Bitwise projects Bitcoin (BTC) will hit $1.6 million by 2036, about 19 times its $83,557 starting price. Most of that value depends on Bitcoin winning a quarter of the store-of-value market it shares with gold. The store-of-value slot supplies about $27.5 trillion of the model’s $33.6 trillion total, roughly 82% of Bitcoin’s projected 2036 value. The post Bitwise Projects $1.6 Million Bitcoin by 2036. Does Gold Hold the Key? appeared first on BeInCrypto.
Key Takeaways
- Bitwise projects Bitcoin (BTC) will hit $1.6 million by 2036, about 19 times its $83,557 starting price.
- Most of that value depends on Bitcoin winning a quarter of the store-of-value market it shares with gold.
- The store-of-value slot supplies about $27.5 trillion of the model’s $33.6 trillion total, roughly 82% of Bitcoin’s projected 2036 value.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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